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We have given G-SAP 1.0 a distinct character, say RBI's Das & Patra

We are giving up this discretion to give an explicit assurance to the markets that we will assist them in the conduct of the borrowing programme, said Patra

RBI monetary policy | Shaktikanta Das | Banks borrowings

Business Standard 

rbi governor, shaktikanta das
RBI Governor Shaktikanta Das

The Monetary Policy Committee (MPC) decided to keep policy rates unchanged in the first bi-monthly monetary policy of 2021-22. Additionally, the (RBI) announced a secondary market G-Sec acquisition programme (G-SAP 1.0), under which the RBI has committed Rs 1 trillion in the first quarter. GOVERNOR SHAKTIKANTA DAS, DEPUTY GOVERNOR MICHAEL DEBABRATA PATRA, DEPUTY GOVERNOR M K JAIN, and EXECUTIVE DIRECTOR T RABI SANKAR took questions from the media. Edited excerpts:



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First Published: Thu, April 08 2021. 01:22 IST